Impressive Childcare Investment leased to ASX Listed Tenant

Description

+ Secure 20 year Net Lease to Think Childcare to 2039.
+ Two further 10 year options to 2059.
+ Think Childcare: ASX listed early education provider with a network of 78 centres nationally.
+ As new 738 sqm child care facility licensed for 99 LDC places.
+ Annual rent reviews plus market reviews.
+ Large 2,158 sqm main road site with exposure to Canterbury Road.
+ New construction with substantial taxation depreciation benefits.
+ Strategic position within employment precinct, opposite Officeworks and only 200 metres from Bunnings.
+ Net Income $358,709 pa

Auction 11am AEDT Wednesday 26 February
Crown Casino, Melbourne, VIC

Do you own a similar property?

Enquire

Contact agents
Adam Thomas Partner | Managing Director QLD
0418 998 971
Natalie Couper Partner
0413 856 983
Enquiry Form

Bayswater North, VIC

187 Canterbury Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 134

Contact agents
Enquire